San Francisco—Gap Inc. cut its full year earnings forecast Thursday afternoon due to declining sales and discounting that soured its third quarter results. Consequently, the company saw its shares drop nearly 6% in early trading on top of a 40% decline so far this year. The company blamed the strengthening dollar, particularly against the Japanese […]

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New York–Jewelry and fashion accessories manufacturer International Inspirations has signed a deal to license Danielle Nicole jewelry, an extension of the popular Danielle Nicole handbag brand and a move that brings the label that much closer to a full lifestyle brand. Due to the success of a Danielle Nicole jewelry capsule collaboration, the brand is […]

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New York—Camuto Group announced today that it has acquired the remaining shares of Bernard Chaus Inc., making the company a wholly-owned subsidiary of Camuto Group. Details of the purchase were undisclosed. Ariel Chaus will remain in his role as chief cxecutive of BCI and will work closely with Camuto Group’s Chairman/Chief Executive Officer Alexander Del […]

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New York—Urbanspace and the Union Square Partnership have welcomed back more than 150 small businesses to the new and improved Union Square Holiday Market. Now in its 22nd season, the Union Square Holiday Market draws more than two million visitors. The 2015 installment of the Union Square Holiday Market boasts many exciting upgrades. From a […]

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New York—Foot Locker, the athletic chain that has been expanding away from technical gear toward more apparel and “athleisure” styles, is in an enviable place among retailers reporting third quarter results. For the three months ended Oct. 31, Foot Locker reported a profit of $80 million, or 57 cents a share, down from $120 million, […]

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Chicago—In its annual shopping survey of 1,919 U.S. Consumers, A.T. Kearney said today that despite holiday promotions starting earlier and earlier, only 21% of the survey respondents plan to begin their holiday shopping before Thanksgiving. The survey also showed that two-thirds of shoppers plan to use more than one channel during the holiday season with […]

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Houston—Stung by fallout from the weak oil and gas markets, Stage Stores Inc. reported today worse-than-expected third quarter results. For the three months ended Oct. 31, the parent to Peebles, Bealls, Goody’s etc. posted a loss of $10.2 million, or 32 cents a share, down from a loss of $5.3 million, or 17 cents a […]

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Adamstown, PA—A founding member of American Made Matters—a community of US makers with a focus on bringing attention to the importance of making and buying American products—is once again putting its money where its Made in USA mouth is. Its Kangol headwear brand—worn by some of the world’s top celebrities including Brad Pitt, Bill Murray, […]

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